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Search Results 0 to 49 of about 107 (some duplicates have been removed)
PBS
Dec 30, 2012 6:00pm PST
difficult rigid discipline obama to win. >> i think obama won because republicans underestimated him, and they did it through sell collision that goes back to 2010 when they considered this to be a referendum on barack obama. it was not a referendum on barack obama. it was a referendum on the economy and the incumbent, but not barack obama the person. republicans left the race feeling like this would be a slam-dunk in 2012. they missed the fact that the turnout in 2010 was so far what -- so far below what it was in 2008, and the people who did not turn out in 2010 -- young people, african-americans, women -- came out in big numbers for barack obama because they never did leave him. 2010 was an anomaly, and they read too much into it, and they underestimated obama. >> according to the "boston globe," a couple of days before election day, mitt romney's manager signed a memo that the race was unmistakably moving in his direction. how could they have been so wrong? >> in all the polling, they assumed a smaller turnout by democrats than they got. really, what they were really guilty o
NBC
Dec 30, 2012 11:30pm EST
. >> reporter: on "meet the press," president obama blamed republicans. >> they say their biggest priority is dealing with the deficit, but the way they're behaving is their only priority is making sure taxes don't go up on the rich. >> reporter: the senate minority leader says -- >> i'm willing to get this done. but i need a dance partner. >> reporter: enter vice president joe biden, called by mcconnell. can the senate veteran help congress stumble to a deal on the last day? if not, and we do go off the cliff, congress could be more likely to make a deal and quickly, because then lawmakers could claim they voted to cut middle class taxes. i'm steve handlesman, news4, capitol hill. >> if nothing else, it looks like there will be a deal to keep the price of milk from skyrocketing. leaders have agreed to a one-year ex-tense of the 2008 farm bill that expired in october. the deal will avert a spike in milk prices to as much as $8 a gallon. but it has to come to a vote in the house and senate tomorrow. a new report tonight further criticizes the state department for its response to the u.s. consu
NBC
Dec 30, 2012 11:30pm EST
. >> president obama blamed republicans. >> they say the biggest priority is making sure they deal with the deficit in a significant way. they are behaving in a way that they're only priority is that the tax breaks for the wealthiest americans are protected. blacks mitch mcconnell is vowing to find out. -- >> mitch mcconnell is vowing to find out. >> can the senate veteran help congress tumble to a deal on the last day? >> if we do go off the fiscal cliff, congress would be more likely to make a deal. members could claim they are cutting taxes. >> thank you. if america does fall off the fiscal cliff on the first of the year, maryland would be hit hard. hundreds of millions of dollars and tens of thousands of jobs lost. >> we have a lot of federal workers and businesses that rely on the federal government. many are watching the negotiations closely. if partisan politics prevail and they cannot reach a deal, americans in maryland will burden will -- will be burdened. legislativent of observances had a report about what the impact would be. if we fall off the fiscal cliff. maryland will lose $
LINKTV
Dec 31, 2012 8:00am PST
expensive election in u.s. history. president obama defeated mitt romney forcing the republicans to reconsider their policies among others returning women and immigrants. while the major party presidential candidate did not take on fossil fuel, climate change in any of their debates, it was a year of extrem e weathr from melting of the arctic to superstorm sandy to the massive typhoon in the philippines. 2012 will also be remembered for a series of mass shootings from aurora, arata, to the sikh temple, to be shooting in newtown, conn.. the case around trayvon martin sparked national protest after officials refused to arrest george zimmerman. president obama continues his secret drone wars. we spend the hour looking back at the moment and movements that shaped 2012. >> democratic congresswoman gabrielle giffords has announced she will step down this week. she was shot in the head last year in a shooting spree that left six people dead in tucson. >> thank you for your prayers and for giving me the time to recover. i have more work to do on my recovery, so i will do what is best for ar
MSNBC
Dec 31, 2012 12:00pm PST
republicans to go with the deal and probably necessary for obama to do that for confidence among democrats that that is deal worth getting behind because i was hearing griping and still am about obama giving aaway too much and almost had to do that, i feel. one of the reasons democrats are pessimistic about this is debt ceiling doesn't look like it's a part of this. we came in to the negotiations with obama saying we are going to get a permanent fix to this -- permanent end to the brinksmanship in the deal and now a two-year end and now no deal and democrats say obama just defacto negotiated and the republicans know it and we have a crisis on the hands a month from now. >> well, we will have another crisis on the hands a month from now and back here staying up in the capitol late trying to figure out what the deal is. the president said today that if it comes down to that, it's not just spending cuts but there will be revenue in there, as well. but, you know, what's the leverage then? there's an interesting question. so, it will be deja vu all over again to quote a recent speech
MSNBC
Dec 31, 2012 2:00pm PST
every single one of these fights with president obama. from talking to republicans, they don't think that president obama is a good negotiator. one of them told me earlier he couldn't negotiate his way out of a paper bag. that's why biden is here on capitol hill. so with that mindset, they're moving forward in these talks and they're more than happy to have more fights over the debt limit, more fights over government funding which they think can elicit more of what they want from the president. now, democrats say, okay, we're getting a big concession with the $400,000, but president obama is smart in this case. he's going to get the tax threshold that he wants from republicans, and instead of giving them the cuts he had already promised boehner in the talks before, upwards of $1 trillion in social security and medicare, he can come back around and do that during the debt limit negotiations so he's essentially going to win out. remains to be seen whether or not that holds true and whether or not we get to your broader point, the country wants to go through another one of these in just
NBC
Dec 31, 2012 5:00pm EST
, this time from capitol hill. president obama and senior senate republicans confirm a deal is in the works to prevent tax hikes as midnight. even if the senate were to pass it, sources on capitol hill say the house will not vote on it tonight. as far as the deal goes, nbc news has learned that both sides agreed to keep taxes at their current level for individuals who make up to $400,000 a year, or house december holds up to $450,000. mitch mcconnell says both sides are very close to an overall deal. >> let's pass the tax relief portion now. >> keep in mind just last month republicans in congress said they would never agree to raise tax rates on the wealthiest of americans. obviously the agreement that's currently being discussed would raise those rates and raise them permanently. >> again even if the senate were to pass the deal tonight, the house does not plan to vote on it tonight, but that too could change. >>> does that technically mean we're going over the fiscal cliff? >> msnbc's luke russert is live to explain why some congressional aides are call it a fiscal slope and not nec
ABC
Dec 31, 2012 4:30am PST
and president obama will be fighting about the debt next year. republicans wanting to use the debt ceiling as a bargaining tool. we might be back again seeing a fight like this next year. >> tahman bradley, thank you. >>> minimum wage workers in san francisco are getting a raise in the new year. the minimum wage is increasing from $10.24 to $10.55. in;a(j 2003 voters approved ordinance tying minimum wage to inflation in the bay area compensation has gone up every year since, except between 2009 and 2010. san francisco has the highest minimum wage in the country. >>> if you are a homeowner here in california you will get foreclosure protection from a new law. providing homeowners with a single point of contact if they want loans modified. lenders will be banned from foreclosing while evaluating a request. homeowners can sue lenders who violate the new law. >> january 1st, plastic bags will no longer be available at stores in alameda county. stores will charge at least 10 cents for paper, plastic or produce -- plastic bags for produce will still be free. >>> 49ers' players and fans w
CBS
Dec 31, 2012 5:00am EST
president obama accused republicans of protecting the wealthiest americans from tax hikes. >> reporter: the president has asked his plan, which includes tax hikes, to be given an up or down vote. >>> i'm watching your money. asian stock markets mostly closed or traded lower today on diminished hopes u.s. lawmakers can come to an agreement on the fiscal cliff. wall street has a full trading day today. checking the numbers for you the dow starts this morning at 12938. that's right below 13,000 after selling off 158 points on friday. of course over concerns about the fiscal cliff. the nasdaq lost more than 25 points and the s & p 500 was off by around 16 points. >>> real estate in ocean city is moving off the market at a very brisk pace right now. numbers from the coastal association of realtors shows a 25% reduction in the inventory of unsold condos in ocean city. that includes multi-million dollar properties. the data show contracts are up 14% year to date with settlements up 6%. inventory increased sharply from march through november after being flat from last december to last march. r
NBC
Dec 31, 2012 6:00am EST
negotiator for the democrats. meet the press, president obama blamed republicans. >> they say that the biggest priority is making sure that we deal with the deficit in a serious way. the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> if a deal is not reached by midnight tonight, taxes go up for nine out of ten americans and 2 million people without jobs will not get unemployment insurance starting tomorrow. sharp cuts in defense spending and programs will kick in onnian 2nd. >>> even if lawmakers cannot strike a deal, there will not be panic in the dairy aisle. there is a deal in place to make sure that milk prices do not skyrocket. cnbc's hampton pearson is live with more. >> how are you doing, erika. picking up on what you were talking about, congress may be having trouble avoiding the fiscal cliff. but they might be able to skirt the dairy cliff. the u.s. farm bill could keep milk prices from surging next year. it would keep a subsidy from coming back to life when the current farm bill expires today. und
FOX
Dec 31, 2012 9:00am EST
would still happen. president obama blamed republicans. >> we don't see an agreement and now the pressure is on congress to produce. >> the president talked about making social security cuts a nonstarter for many of his fellow democrats. and they now appear to be off the table. just about any deal congress and the president come up with now will drive deficits even higher. >> reporter: and the other thing we'll be watching closely, the markets. on friday the dow was down 160 points. if you look at the last five days of trading excluding christmas, five down days in a row. skidish investors are keeping close eye on congress to see if they can come up with anything. back to you guys. >> all right. thank you very much. checking some of our other top stories secretary of state hillary clinton remains in a new york city hospital after doctors discovered a blood clot stemming from a concussion she had. she is being treated with medication and will most likely stay in the hospital for the next 48 hours. the clot was discovered yesterday during a follow up appointment. >>> former preside
CBS
Dec 31, 2012 4:00am PST
republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that we deal with the deficit in a serious way, but the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> reporter: but senators say there is some movement on the issue. >> there's a lot of give and take going on right now, but republicans doan want to see new revenues, in other words, democrat tax increases, beused for new spending. >> the president has said if there is no deal by the end of the day, the senate should draw up legislation to extend the bush-era tax cuts for the middle class. >> there should be an up or down vote. everybody should have a right to vote on that. you know, if republicans don't like it, they can vote no, but i actually think there's a majority su
MSNBC
Dec 30, 2012 5:00pm PST
part of the republican plan. in any case, that is off the table. senator john mccain posted this on twitter, most of us agree the chained cpi is off the table in these negotiations. president obama continued to put public pressure on republicans during his appearance on "meet the press" today. >> it is very important for republicans in congress to be willing to say, we understand we're not going to get 100%, we're willing to compromise in a serious way. >> joined by congressman barney frank of massachusetts. it is good to see you, congressman. good evening. >> thank you. >> you're coming -- the senate's coming back at 11:00 tomorrow morning. what are chances there will be something to vote on, do you think? >> i think there are very good chances there will be something to vote on. the question is whether it will be a bipartisan agreement or simply the senate democrats putting a vote and hoping republicans will vote for it. trying to get an agreement is difficult because that gives right wing of the republican party this big veto. a number of republican senators, not just those gener
FOX News
Dec 31, 2012 3:00pm PST
don't think the republicans should allow themselves to be baited by obama. >> bret: the or thing is talk about the sequester. you will remember of course in debate, in october. the president said this. about the sequester. >> first of all, is sequester is not something that i propose. something that congress is proposed. he will not happen. >> bret: part of the solution for the super committee. that was part of the deal. negotiating now is delay it by a couple of months. which potentially negotiate on fiscal cliff number two, the debt ceiling battle. and throw in dealing with the sequester as well. we're waiting to hear what the details of that, because we don't know. on the taxes, just on the taxes, as they are structured now, if you look at the tax deal, comparing it to what the re-knew you would get over ten years, it's roughly $600 billion that they get revenue coming in from the tax deal they are striking with the framework tonight. hurricane sandy recovery billion is $60.4 billion. it's about the same annually. >> preclintonnian tax and spend democratic philosophy. you take in
FOX Business
Dec 30, 2012 11:00pm EST
see a real problem in 2013 and 2014, but i do think it's obama's economy now. the republicans passed the tax cuts for one group, let's say all the way through, not the very top group, i don't know where that negotiation is going to come out, but if they do that, i think that they will be held blameless for the economy. lou: as we wrap up here, i would like to ask you a question this way. because i said last year that i felt strongly at the beginning of the campaign. the democrats were the republican -- the democrats or the republicans, which party led the discussion to the enduring that of the middle class sure enough, president obama shifted to a middle-class message that resonated, if only at the margin that was sufficient for victory. are the republicans learned anything here? are they going to start talking about working men and women? working class and the american dream. >> i think they are. i think the presidential race waa real problem. because it was never growth. it was always about this and that and detail. romney wasn't the issue. the issue was obama. it was the worst sin
FOX News
Dec 31, 2012 12:00pm PST
to you as the news warrants. president obama expressed regret republicans and democrats have not been able to hammer out a plan to fix the deficit, a grand bargain. the president said that with the current congress that would have been nearly impossible. he was guardedly optimistic there would be good news before the ball drops tonight in times square. wendell is live for us at the white house. the president still is pushing for increased tax revenue and it appears that the g.o.p. leadership agrees to some extent. >>reporter: the leadership in the senate agrees. this was worked out between minority leader mcconnell and vice president biden who took over the talks after the negotiations between the president and house of representatives speaker boehner reached an impasse. it will be a tough sell for house republicans because there are no real spending cuts. the president promised spending cuts in the future and aimed to put political pressure on republicans. the deal represents a balanced approached, although there are no cuts. >> my approach is balanced and responsible so revenue
NBC
Dec 31, 2012 5:00pm EST
deadline to avoid the fiscal cliff. president barack obama and senate republican leader mitch mcconnell said on monday that they are near a deal to avoid it wide-ranging tax increases and spending cuts set to take effect in the new year. house republicans notified lawmakers that the chamber will vote tonight, but they will be voting on other bills and they will be the only votes of the day. they say it is still not clear if the senate will be able to vote on any kind of deal. >> still ahead, new details emerging about former state delegate tiffany alston. the telestrating head. >> deal or no deal. the clock ticks down to the fiscal cliff deadline. a look at where things stand, coming up. [ female announcer ] the one for all. mcdonald's dollar menu. home of the mouthwatering grilled onion cheddar burger, topped with melty white cheddar and caramelized onions. plus all your tasty favorites for just a dollar each. ♪ every day, as always, there's a lot to love for a little on mcdonald's dollar menu. ♪ >> former state delegate has yet to comment tonight about a report that she has declar
FOX News
Dec 30, 2012 9:00pm PST
-term that the republicans can win if he gets his way, if he passes the obama tax cuts, if we go off the cliff and the economy does slide into recession. if we do get downgraded because there's not enough spending. in the long-term, the economy will suffer, but republicans may be able to say we tried to stop this, this is obama's deal, now he owns it. >> but they need to do better with communicating that exact message, really, if you look at what's going on here, obama has been persistent and bullheaded saying, it's my way or no way and i think he can wants to go over the cliff to demonize and at the same time bullying the middle class. >> and in the short-term run, that it is inevitable that the democrats will say you guys, you republicans, you put us offer the cliff because you were defending your rich millionaire friends, it's inevitable they will say that and that's a winning political line in the short-run. and over that, however, and you ask where is the leadership from this president, where is it? >> and here, stuart. >> doesn't he agree with you. >> americans with funny accen
CNN
Dec 30, 2012 4:00pm PST
obama has already given a lot more ground than the republicans have, so my advice to senator reid and president obama would be to stop trying to negotiate with republicans who, like spoiled children, have no interest in compromise. remember who won the election? >> no vote tonight on the fiscal cliff. what are the chances of lawmakers cobbling a compromise tomorrow? would real pain start to hit everyone in the form of tax hikes and spending cuts? what other options do lawmakers have as a last resort. steven moore joins us from washington. steven is a senior economics writer with "the wall street journal." he writes op-eds. he's involved in the opinion pages. he's also a co-founder of the organization called club for growth, which has really been at the forefront of fighting tax increases across the board. so, you know, sometimes, steven, on tv we talk about grover norquist and a lot of people really don't like him. you think grover has the right idea. you have colleague es in the senate, in the house of representatives. we have talked about this endlessly for many months and we both s
FOX
Dec 31, 2012 2:00am PST
, they -- obama will basically get everything he wants, and the republicans will be left with almost nothing. >> chris: senator? >> it could be a victory, because the president will get what he want but i think, as you point out, previously, in your previous panel pointed out, it doesn't solve the problem, raising taxes on the wealthy doesn't solve our debt problem. people are quickly going to pivot and focus on that and approaching the debt ceiling, as we saw two years ago, the republicans have more leverage. why? the president will request to borrow another 2, $3 trillion. and that doesn't poll well with the american people and the republicans have a stronger hand then and they have taken a step back and conceded on tax rates, but it will be to focus a little bit later in two months on spending entitlements -- >> he has been saying repeatedly in the last, a bad habit, we will not get into this thing, that -- this habit of trading, you know, a trillion dollar increase in the debt limit for a trillion dollars in spending cuts. who is bluffing? kirsten says she thinks the republicans
MSNBC
Dec 31, 2012 4:00am PST
of it now. coming up, president obama also hinted in that interview that republicans were to blame for the current fiscal cliff standoff. take a listen. >> congress has not been able to get this stuff done, not because democrats in congress don't want to go ahead and cooperate, but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall deficit reduction package. >> how accountable are you for the fact that washington can't get anything done and that we are at this deadline again? >> i have to tell you, david, if you look at my track record over the last two years, i cut spending by over $1 trillion in 2011. i negotiated with speaker boehner in good faith and moved more than halfway in order to achieve a grand bargain. i offered over $1 trillion in additional spending cuts. at a certain point if folks can't say yes to good offers, then i also have an obligation to the american people. >> michael steele, some republicans were quick to criticize th
CNN
Dec 31, 2012 1:00pm PST
dreaded fiscal cliff. president obama says an agreement, though, is within sight. republican-led house of representatives, though, will now wait till after the country goes after that fiscal cliff at midnight tonight before coming up with a deal, if, in fact, there is a deal. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. you're in "the situation room." >> announcer: this is cnn breaking news. >> let's get to the first breaking news story we're following right now. the secretary of state hillary clinton is in the hospital this new year's eve with a potentially serious blood clot which doctors have now revealed is located between her brain and her skull. let's go straight to cnn's foreign affairs correspondent jill dougherty for the latest. dr. gupta's going to join us momentarily as well. tell us what her doctors have just revealed. >> well, wolf, backing up just a little bit. all day today, the question was, where was that blood clot. because after all, in the statement that came out initially, it was no indication of exactly where it
NBC
Dec 31, 2012 4:00pm EST
today on the deal to avoid the fits cal cliff. president obama and top senate republicans say a deal is very close, but it's not done yesterday. it remained unclear whether the senate will vote today. congress could pass it red rho actively. >>> breaking news in prince william county. we have just learned a county police officer died following in fiery crash at the intersays of nobodiesville road and piper lane. officer chris young was riding on a motorcycle at the time. you can see the van was the other vehicle. we're still gathering information about this accident. we'll bring you more throughout the evening. >>> it's been a cold new year's eve so far today. doug kammerer has the forecast for us. >> things looking okay out there. look for a sprinkle, maybe a flurry, but don't expect it to impact your plans. take a look, and the cloud cover continues to make a way in. you can see a lot of what looks like rain and snow back toward the west, but most of this not reaching the ground. the atmosphere just a little too dry. as i mentioned, maybe a sprinkle or flurry. later on, i'll update
MSNBC
Dec 31, 2012 3:00pm PST
. >> so you saw the women's movement and the war of women by the republicans. jonathan? >> speaking of planting the seed, my vote for best political move is the obama campaign's decision to hammer mitt romney as an out-of-touch politicalcrat from almost the very beginning. everyone was yelling from the beginning why are you doing this? when the 47% video was released, it made a powerful video even more powerful because it confirmed everything that the obama campaign had been saying about the republican nominee from moment one. >> crystal? >> three words. please proceed, governor. the second debate after the president had a lackluster performance. in the second debate, he really came out swinging and mitt romney thought he had him on the ropes with this benghazi nonsense. the president braille yantly just let him -- please proceed, governor. go ahead. what are you going to say? and not only was that a great, bril yant move in that moment a and won the second debate right there. but it was em blematic of how he just had to let mitt romney talk. say what he thought about americans. say wh
FOX News
Dec 30, 2012 5:00pm PST
the very, very beginning and dana, we saw today president obama take to the sunday shows and spend the whole time blaming republicans. if we go off the cliff, who do you think is going to take the fall for this? i say republicans are just, they're going to go down because it's just tough to run against the white house with a bully pulpit. >> and i just believe that you can't worry about the short-term pr effects of something, that you have to do what's right based on principle and be able to get up in the morning and look in the mirror and say i stood on principle and i did what was right. when mitch mcconnell is speaking if you strip out the fact that there's all the other noise, what he's saying is actually true. i think that policy based on fact is better policy based on revenge. one comment on the interview president obama did with david gregory he taped it yesterday afternoon at the very same honor that mcconnell was actually trying to get a deal done. so to me, the president actually wants an argument more than a deal. he could have been helpful and instrumental in getting things
MSNBC
Dec 31, 2012 9:00am PST
obama's top picks to lead the pentagon. the president was quick to praise republican former nebraska senator chuck hagel, but was just as quick to say he hadn't made up his mind. >> i haven't made a decision about who to nominate. >> anything disqualify him? >> not that i see. i have serbed with chuck hagel. he know him. is he somebody who served this country is w veil valor. >> he ran into stubborn resistance over the weekend from senate republicans like lynndie graham and tomko burn. >> there would be little republican support. there will be very few votes at the end of the day. >> i cannot vote for chuck hagel. >> why? >> simply because of the positions that he has taken and some of the statements that he has taken. >> meanwhile, epa administer lisa jackson's decision to step down also has many doubting whether the president will be able to get her replacement confirmed by congress. seems like there's not much love in congress now, period. we're going to go all the way to the left this time. this is insane at this point, right? every time the president not even nominates someone,
FOX Business
Dec 31, 2012 9:20am EST
, celebrate president obama, what do the republican strategists say about that? find out next. music is a universal language. but when i was ian accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get ere i'm from. and tools to estimate what my care may cost. so i never msed a beat. we're more than 78,000 people looking out for more than million americans. that's health in numbers. unitedhealthcare. stuart: stocks are dead flat as of right now. futures were higher over a report that maybe some progress had been made on this fiscal cliff thing? but all of that green did not last, right now the dow industrials are up all of 1 point. congressional leaders closing -- so we hear, maybe closing on a deal that would prevent milk prices from doubling next year. key leaders from the house and senate have agreed to a one-year extension of the 08 farm bill which would replace dairy programs that would expire at midnight because that is going to happen.% house republicans t
FOX
Dec 31, 2012 7:00am EST
spending cuts were still happen. president obama blamed republicans. >> we don't see an agreement and now the pressure is on congress to produce. >> the president talked about making social security cuts. and they now appear to be off the table. which means that just about any deal congress and the president come up with now will drive deficits even higher. >> and the other thing the markets. for instance, on friday, the dow was up 160 points. and when you look at the last five days of trading, the markets were closed on christmas but down every single one of those days. in washington, doug luzader, fox news. >> sit down with law makers for an inside look at the last minute fiscal cliff negotiations. >> plus, counting down the hours until maryland makes history. how the free state is getting ready for tomorrow's first same sex marriage. >> we're going to show you the dramatic video of a russian plane crashing alongside a crowded highway. >> a live look outside. the latest weather and traffic coming up next. we'll be right back.  >>> checking world news this morn
FOX
Dec 31, 2012 6:00am EST
key issues such as creating an income threshold for raising taxes. president obama says gop leaders have rejected his proposals to make a comprehensive deal. republicans say they are willing to work together. so what does this mean for you? coming up in the next hour, we'll talk live with congressman jerry connelly and congressman phil roe for a closer look at the looming deadline. >>> still ahead this hour, secretary of state hillary clinton hospitalized. we'll have an update on her condition. we'll be right back. (vo) sometimes the big plan doesn't work. and the perfect life turns out to be not so perfect. you start fresh. new city. new job. new everything. it's exciting, and scary, at the same time. and some days you think, "i can't do this on my own." but then...i went to suntrust. they helped me figure things out. and before you know it, i am doing it... (anncr) at suntrust, helping people shine is what we do. join the thousands who are switching to suntrust's award-winning service. >>> secretary of state hillary clinton will spend the new year in a new york hospital so doctors
FOX Business
Dec 31, 2012 1:00pm EST
president obama have a second term but we want the republicans who control the house and that's where tax, tax legislation originates, to basically hold the line on taxes. so i feel like the elector rate made it clear that republicans you're job to protect us from economy-strangling tags increases. this is very quick path for the republicans back into the minority in 2014. ashley: is all this a big forerunner to a big debate over the debt ceiling? >> interesting that you bring up the debt ceiling. i think that's what the republicans can do. if they basically walk away from a bad deal they have a lot more power going into 2013 in that, basically president obama is going to have to deal with them on the debt ceiling. why not negotiate from a position strength in 2013? any tax increases now are retroactive, rather than give in and basically do great harm to your brand in the near term in return for nothing? ashley: basically what lesson do we learn, john, if we indeed take your advice and walk away or republicans walk away and just fall off the cliff? >> well the lesson we learn am
CNN
Dec 31, 2012 11:00am PST
spending under president bush and president obama. and i think republicans ask for less than they should have, we're going to have to ask for more in the way of spending cuts because once we do this very small, large increase on the wealthy, but small amount of revenue, we have to come back again. and i think the middle class has to understand that you can only get so much from the rich when they're already going to be paying over 55% on their ordinary income come next year, at least in my state of california. there is going to be a limit how much you can do. ultimately all taxes end up being paid disproportionately for the middle class. >> are you going to vote for this? >> i haven't seen the bill yet. >> would you vote for tax increases or tax cuts up to 450,000? >> i said aultimately i'll finda way to support something to bring to the american people. i think this bill will have too few cuts and will depend on a small amount of people that candidly don't represent enough money to bring a real fix to our trillion dollar deficit. >> thank you very much for joining us. appreciate
CBS
Dec 31, 2012 6:30pm EST
increases and billions in spending cuts. however, there is hope for a soft landing. senate republican leader mitch mcconnell and president obama said today a deal was close. but late in the day house leaders announced they will not vote on a deal tonight. they're waiting for the senate. so what happens now? we have two reports beginning with nancy cordes on capitol hill. nancy, good evening. >> good evening to you, rebecca. it looks like the deadline pressure finally prompted a meeting of the minds today. negotiators agreed to a plan that extends the bush era tax cuts for 99% of americans. but they are hung up on one key spending issue, and so it looks like we will go over the fiscal cliff at least temporarily. >> we're very, very close to an agreement. >> reporter: senate republican leader mitch mcconnell said his round-the-clock negotiations with vice president biden had paid off. >> i can report that we've reached an agreement on all of the tax -- the tax -- issues. >> reporter: first and foremost, the bush era tax cuts. the two sides agreed to extend them permanently for all house
CBS
Dec 30, 2012 6:00pm PST
$250,000 a year. republican was rather set the cuttoff at around half a million dollars or keep the tax cuts in place for everyone. in an interview on nbc's meet the press president obama said the endless wrangling was not the democrat's fault. >> we have been talking to the republicans ever since the election was over. they have had trouble saying yes to a number of repeated offers. >> at midday democrats suddenly declared that one element of the republican offer was a deal breaker. a proposal to change the way social security benefits are calculated that would lead to smaller checks for many. >> we're not going to have any social security cuts at this stage. that just doesn't seem appropriate. >> so republicans quickly dropped that proposal and insisted the two sides were closer than they seemed. >> so hopefully the discussions between the vice president and senator mcconnell will get us back on track. >> reporter: this evening leader reid announced there would be no vote tonight and that the senate would reconvene tomorrow morning. at this point both the house and the sflat would fee
CBS
Dec 31, 2012 5:00am PST
obama campaigned on raising taxes on income over $250,000. while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that we deal with the deficit in a serious way but the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> reporter: but senators say there is some movement on the issue. >> there's a lot of give and take going on right now but republicans don't want to see new revenues -- in other words, democrat tax increases -- be used for new spending. >> reporter: the president said if there is no deal by the end of the day, the senate should draw up legislation to extend the bush-era tax cuts for the middle class. >> there should be an up-or- down vote. everybody should have a right to vote on that. if republicans doesn't like it they can vote no but i think there is a majority support to make sure that middle class families are held harmless. >> reporter: the senat
CBS
Dec 31, 2012 6:00am PST
democrats and republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000. while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure we deal with the deficit in a serious way. but the way they're behaving is that their only provide or the is making sure that tax breaks for the wealthiest americans are protected. >> reporter: but senators say there is some movement on the issue. >> there's a lot of give and take going on right now. but republicans don't want to see new revenues -- in other words, democrat tax increases -- being used for new spending. >> reporter: the president has said if there is no deal by the end of the day, the senate should draw up legislation to extend the bush-era tax cuts for the middle class. >> there should be an up-or- down vote. everybody have should a right to vote on that. if republicans don't like it, they can vote no. but i actually t
MSNBC
Dec 31, 2012 6:00am PST
frustration i think is this all -- the republicans should have captured this message day one of obama's presidency. they should have said, no, not health care, jobs. they should have said, no, not health care, let's get the debt and deficit down. i mean, we sort of ceded this fight to the point of where we are now, and instead of capturing issues for our party, we could have been doing things by now. which now we're in this sort of standoff -- >> and your reaction -- >> and our brand is so tarnished from all the fighting that, you know, we've got to recapture our brand before we can even figure a way to compromise and be a part of the process. >> now, doug talked about sandy hook. now, the president, when he listed his priorities and what we played didn't mention guns, but he did -- gun control -- but he did in the interview. let's play a little bit from that, dave, and then we'll come back and talk about it. >> the question then becomes, you know, whether we are actually shook up enough by what happened here that it does not just become another one of these routine episodes where it ge
WETA
Dec 31, 2012 6:30pm EST
wall street today, investors bought up stocks on high hopes of deal, after president obama said this afternoon a deal is "in sight," and positive comments from republican leaders in the senate. here's how e major averagesr closed on this last trading day of 2012. the dow surged 166 points, the nasdaq jumped about 60, and the s&p rose almost 24 points. while wall street has already closed the books on 2012, washington still has a few hours to go before its new year's day fiscal cliff deadline. darren gersh has the latest. >> reporter: after a weekend of late-night negotiations with the vice presidt, senate republican leader mitch mcconnell said an agreement on the fiscal cliff was very, very close. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in about 10 hours. >> reporter: the deal would raise the top tax rate for individuals making more than $400,000 and couples with more than $450,000 in income. itemized deductions would be limited for individuals making more than $250,0
MSNBC
Dec 31, 2012 10:00am PST
weekend. president obama went on "meet the press" to call out mcconnell and house speaker john boehner over tax hikes. >> i think it's been very hard for speaker boehner and republican leader mcconnell to know that taxes should go up as part of an overall deficit reduction. >> a health scare for hillary clinton. new details as the secretary of state undergoes treatment for a blood clot in a new york hospital. >>> ringing in the new year. from sydney to new york city. the world turns the page to 2013. good day. i'm chris live in washington in for andrea today. deal or no deal? as vice president joe biden and senate republican leader mitch mcconnell continue negotiations, we just have learned that president obama will speak about the fiscal cliff at 1:30 p.m. eastern time. with all that happening, let's get right to our daily fix. nbc's kelly o'donnell on capitol hill, nbc's kristen welker at the white house, and jonathan capehart, washington post editorial writer and my colleague and an msnbc contributor. okay, kelly. the action is on the hill where it's been for the last few days. let'
FOX News
Dec 31, 2012 12:00am PST
hours of energy now -- no crash later. wait to see the next five hours. republican on the senate committee onen viern meant and public works, and he says the obama administration's environmental regulations could cause a lot more bad than goodbye increasing taxes on businesses and decreasing jobs. i spoke with oklahoma senator jim enhoff earlier. senator enhoff, you issued a report on the damage that will be done to america's economy if president obama is able to push through by regulation, not legislation, but regulation his so-called greenish -- green initiative. let's talk about what happens to this country's economy and jobs if that happens. >> governor, first of all, i did that before the election. these are the regulations that he was going to impose, but he is waiting until after the election to do it for obvious reasons. all of these people will lose their jobs. he didn't want them to know that before the election. to put it in proper perspective, i think most people know that the deficit was really that came from the budget of the president, $5.3 trillion deficit. people
ABC
Dec 30, 2012 11:35pm EST
republicans remain at odds. >> regardless of differences, our top priority has to be to make sure that taxes on middle- class families do not go up. we can get that done. >> president obama called for there wasaction, but senate tonight. >> we will be here at 11:00 tomorrow morning. we will have further announcements. >> mitch mcconnell, a frustrated progress,ack of called the vice president for help. >> there is no single issue that remains an impossible sticking point. a sticking point appears to be a and interest or the to close the deal. >> if congress does not act soon, drastic cuts will go into effect and taxes go up for everyone. more than $3,400 for the average american family. >> significant differences n the two sides and negotiations continue. >> negotiations will continue through the night. "politico" ined by reporter to talk about the fiscal cliff. it is looking like the president is going to try to get to introduce legislation to avoid some of the devastating tax increases. when the new congress is sworn in, and that means we're going over the fiscal cliff. unless we get
LINKTV
Dec 30, 2012 4:00pm PST
some of the key issues. nonetheless, the politicians, in particular president obama and i think the key leaders of the democratic party and the republican party here of the congress, they really don't want to be the ones sitting in the top offices when washington couldn't stop the ut from going through what could be a very, very potentially serious budget crisis. >> all right. keeping an eye on those important negotiations for us in the senate. thanks so much. >>> 21 policeman have been found dead in northwest pakistan after being kidnapped by the taliban last week. one man managed to escape arks --, and audio is fighting for his life in hospital. >> fighting for his life in a peshawar hospital, one of two survivors of an attack in the tribal region. 21 of his colleagues were captured at this check point and two others like it last week. the par ar militaries are armed only with light weaponry. for days they were kept together, not knowing their fate. then their captors blindfolded them, lined them up against a wall in a local cricket pitch, and shot them one by one. the men were from a
WHUT
Dec 31, 2012 7:30am EST
opportunity on immigration reform this year, partly because president obama won such an overwhelming share of the latino vote, he knows he owes something to that constituency but partly because republicans do not ever again want to get such a low share of the latino vote, and i think there's an opening there. and then i think president obama made a very central promise, which is we can get this economy to work again, not only for the best off among us, but also for the middle class and for the poor, and finding ways to promote shared growth. that involves education, it involves tax policy, it involves job training. i think that is the core promise of obama's second term and that's where he's gonna have to put a lot of attention. >> in your book, our divided political heart, you talk about our historic attention to individual matters and on the other hand, the community, the group. do you see signs now in this climate that the gap between those two ideas can be narrowed? >> well, i think historically we always have as a country. we've always upheld both individualism and community as part of u
FOX
Dec 30, 2012 11:00pm EST
i'm disappointed in the president as commander-in-chief and the republican party for allowing this possible a party. >> reporter: sequestration is designed to be painful. it was imposed by congress on itself when the super committee didn't work it out. president obama said today the cuts can be offset by raising taxes on the rich. >> we have raised revenue by the wealthy paying a little bit more, then that would be sufficient to turn off the automatic spending cuts, and that also would have a better outcome for our economy long- term. >> reporter: senator graham told me he thinks it's possible to find $600 billion in cuts elsewhere to spare the department of defense the next decade. but he thinks a bipartisan agreement can't be reached until february or march. >>> small business owners are especially afraid their bottom line with suffer. economists say businesses are holding back on spending money and for slowly strengthening economy, a shock to spend less could push the country back into a recession. >> businesses aren't hiring at the pace we would expect, because small businesses
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